Question : 91) The government sector balance equals A) saving plus investment. B) saving : 1240703

91) The government sector balance equals

A) saving plus investment.

B) saving minus investment.

C) net taxes minus government expenditures.

D) net taxes plus government expenditures.

E) government expenditures plus investment.

92) Which of the following is correct?

i.The private sector balance equals saving minus investment.

ii.Net exports is exports of goods and services plus imports of goods and services.

iii.Net exports equals the sum of the private sector balance plus the government sector balance.

A) i only

B) ii only

C) iii only

D) i and iii

E) i, ii, and iii

93) Define X = exports, M = imports, S = saving, I = investment, T = net taxes, G = government expenditure. Which of the following formulas is correct?

A) X – M = S + I + T – G

B) X – M = S – I + T – G

C) X – M = S – I – T – G

D) X – M = S + I +T + G

E) X – M = S + I -T + G

94) Net exports are the sum of

A) exports and imports.

B) the private sector balance and the government sector balance.

C) the current account balance and capital account balance.

D) the balance of payments accounts.

E) the current account balance and the official settlements account balance.

95) The private sector balance is equal to savings ________ investment, and the government sector balance is equal to government expenditure ________ taxes. If there is a deficit in the private sector balance and a deficit in the government sector balance, then there must be a ________ in net exports.

A) minus; minus; surplus

B) plus; minus; surplus

C) minus; minus; deficit

D) plus; plus; deficit

E) plus; plus; surplus

96) A country has imports of goods and services at $2,000 billion. The interest paid to the rest of the world is $500 billion. The interest received from the rest of the world is $400 billion. The decrease in official reserves is $10 billion. The government sector balance is $200 billion, savings is $1,800 billion, investment is $2,000 billion, and net transfers is zero. What are net exports?

A) $100 billion

B) -$100 billion

C) -$200 billion

D) $0

E) $200 billion

97) A country has imports of goods and services at $2,000 billion. The interest paid to the rest of the world is $500 billion. The interest received from the rest of the world is $400 billion. The decrease in official reserves is $10 billion. The government sector balance is $200 billion, savings is $1,800 billion, investment is $2,000 billion, and net transfers is zero. What is the current account balance?

A) $100 billion

B) -$100 billion

C) -$200 billion

D) -$10 billion

E) $200 billion

98) A country has imports of goods and services at $2,000 billion. The interest paid to the rest of the world is $500 billion. The interest received from the rest of the world is $400 billion. The decrease in official reserves is $10 billion. The government sector balance is $200 billion, savings is $1,800 billion, investment is $2,000 billion, and net transfers is zero. Using the information above, what is the capital account balance?

A) $90 billion

B) -$90 billion

C) -$10 billion

D) $10 billion

E) -$200 billion

The table above has information about the U.S. economy.

99) Refer to the table above. Net exports equal

A) -$200 billion.

B) $200 billion.

C) -$2,800 billion.

D) $2,800 billion.

E) $400 billion.

100) Refer to the table above. The private sector balance is a

A) $700 billion deficit.

B) $700 billion surplus.

C) $2,900 billion deficit.

D) $2,900 billion surplus.

E) $400 billion deficit.